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#cloud

Articles tagged cloud.

Meta Is in Talks to Rent Anthropic $10B of Compute. It Would Be Landlord to a Rival.
Big Tech

Meta Is in Talks to Rent Anthropic $10B of Compute. It Would Be Landlord to a Rival.

Anthropic is in early talks to lease roughly $10 billion of computing power from Meta over two years, per the New York Times. It would open Meta as a cloud provider and make it infrastructure to a direct competitor.

Sam Whitaker
Snowflake Jumped 36% on a $6B AWS Deal and an Accelerating Top Line
Big Tech

Snowflake Jumped 36% on a $6B AWS Deal and an Accelerating Top Line

Snowflake posted $1.39B in Q1 revenue (up 33%), raised guidance, and signed a five-year $6 billion AWS contract. The stock had its best day ever.

Sam Whitaker
Hyperscaler, Explained: Who Counts, What They Spend, and Why They Move the AI Market
Big Tech

Hyperscaler, Explained: Who Counts, What They Spend, and Why They Move the AI Market

A hyperscaler is one of the handful of cloud providers operating at a scale that reshapes markets just by their purchasing decisions. Here is who they are and why their capex matters.

Sam Whitaker